Final Allocation definition

Final Allocation has the meaning set forth in Section 2.3.

Final Allocation has the meaning specified in Section 12.6(a).

Final Allocation means, with respect to HCs, MBOH issuance of an IRS Form 8609(s) (Low Income Housing Credit Allocation Certificate) for a Project after building construction or Rehabilitation has been completed according to the Project Application and any MBOH or MBOH Board-approved changes and the building has been Placed in Service.

Examples of Final Allocation in a sentence

• Applicants are advised that DCA is required to monitor projects for compliance with the requirements of IRC Section 42, the HOME regulations at 24 CFR Part 92, the representations set forth in the Final Allocation Application, the requirements stated in this Plan, the requirements set forth in the respective program manuals, and as represented in all restrictive documents.

• Final Allocation Application including cost certification, 8609CHFA provides a Preliminary Reservation of 9 Percent Federal Credit at an earlier stage than is required for an Allocation.

• If the election has not been made previously, the APR used at Final Allocation will be the percentage prescribed by the Secretary of the Treasury for the month in which the building(s) is placed in service.

• A Final Allocation fee based on the annual State Credit amount (if applicable) or $5,000, whichever is greater, is payable at the time of Application for a Final Allocation of State Credits.

• When actual Tax Credit proceeds are confirmed and final financial feasibility analysis is performed during review of Final Allocation Packages, there may be adjustments to the Tax Credit Allocation.

More Definitions of Final Allocation

Final Allocation has the meaning set forth in Section 8.1(b)(ii).

Final Allocation means a determination by MFA that a Project is complete and that a certain amount of Tax Credits is warranted. The Final Allocation must be requested by the Project Owner, and culminates in delivery of IRS Form 8609 by MFA.

Final Allocation has the meaning set forth in Section 3.07(b) of this Agreement.

Final Allocation shall have the meaning set forth in Section 1.02(c).

Final Allocation means the amount of funds identified in the last allocation letter issued by the State for the current fiscal year.

Final Allocation means the Grant amount approved by the Authority.

Final Allocation means a Grant allocation approved by the Authority.